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Jul 12, 2011
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you are married to those big solid rockets. and if there's a failure then, there is no way out for the crew. and as we saw, that was how challenger 25 years ago was destroyed. they had a malfunction in one of the rockets. it caused the whole thing to explode. i'm talking about one of the solid rockets within the first two minutes of flight. well, we're going to have a much safer way to get to and from the space station. the sad thing is, however, that the rocket for humans is not ready and it's going to take about another three years. and, therefore, it is sad that all of that finest launch team in the world at the kennedy space center, a good part of them are having to be laid off. and that will -- that employment will ramp up over the next several years as we build and launch those kind of rockets. now, there's another set of human rated rockets. i'm just talking about the manned space program now. i'm not talking about the unmanned. look what we're getting ready. this year we're going to jupit jupiter. later on, we are getti
you are married to those big solid rockets. and if there's a failure then, there is no way out for the crew. and as we saw, that was how challenger 25 years ago was destroyed. they had a malfunction in one of the rockets. it caused the whole thing to explode. i'm talking about one of the solid rockets within the first two minutes of flight. well, we're going to have a much safer way to get to and from the space station. the sad thing is, however, that the rocket for humans is not ready and it's...
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Jul 14, 2011
07/11
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we make a big deal out of some items around here, but we don't make a big deal when it comes to something that we can actually effect and cause us, as a body, to do the things that we need to do. so, mr. president -- or, presiding officer, look, i'm very disappointed in the united states senate. i'm very disappointed in the white house. i'm very disappointed in all of us. i'm very disappointed in the childish behavior that this body has continued to exude over the course of this entire year. i'm very disappointed that we would even consider going on with spending taxpayer resources and not sitting down and making tough decisions. i'm very disappointed, candidly, that both sides of the aisle only want it their way. i don't think this great country was created the way that it was so that one side of the aisle got it exactly the way they wanted it. i think this body was created to be -- quote -- "the greatest deliberative body in the country" and yet we don't do that. we don't act that way. we don't debate tough issues. we hide, all of us -- we hide and we let our leadership concoct ways to
we make a big deal out of some items around here, but we don't make a big deal when it comes to something that we can actually effect and cause us, as a body, to do the things that we need to do. so, mr. president -- or, presiding officer, look, i'm very disappointed in the united states senate. i'm very disappointed in the white house. i'm very disappointed in all of us. i'm very disappointed in the childish behavior that this body has continued to exude over the course of this entire year....
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Jul 15, 2011
07/11
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it's hard to do a big package. my republicans friends have said they are not willing to do revenues, and they have repeated that on several occasions. my hope though is that they are listening not just to lobbyist or special interest here in washington, but they are also listening to the american people. turns out poll after poll, many done by your organizations show that it's not just democrats that think we need to take a balanced approach. it's republicanned as well. the clear majority of republican voters think that any deficit reduction package should have a balanced approach and should include some revenues. that's not just democrats. that's the majority of republicans. you have a whole slew of republican officials from previous administrations, you've got a bipartisan commission that has said that we need revenues. so this is not just a democratic understanding. that is an understanding that i think the american people hold that we should not be asking sacrifices from middle class folks who are working hard
it's hard to do a big package. my republicans friends have said they are not willing to do revenues, and they have repeated that on several occasions. my hope though is that they are listening not just to lobbyist or special interest here in washington, but they are also listening to the american people. turns out poll after poll, many done by your organizations show that it's not just democrats that think we need to take a balanced approach. it's republicanned as well. the clear majority of...
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Jul 28, 2011
07/11
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doesn't only affect big investment banks or wealthy investors. all around the country ordinary americans with 401(k)'s and college savings accounts lost money yesterday. their life savings took a hit because a small group of radical republicans who don't represent mainstream america have refused to move even one inch towards compromise. yesterday'default will lock our financiarock -- will rock our fl system to its core. many republicans urge time is running out. they've urged their colleagues to compromise. yesterday on the senate floor john mccain, the republican senior senator from arizona, and president obama's opponent in the last presidential election, asked his own party to return to reality. it is not fair, he said, that the american people hold out and say we won't agree to raising the debt limit. he called the radical republican approach -- he called the radical republican approach saying "up is down and denying the sky is blue unfair and bizzaro -- b-i-z-z-a-r-o. he further said, "it's time we listened to the market. it's time we listen
doesn't only affect big investment banks or wealthy investors. all around the country ordinary americans with 401(k)'s and college savings accounts lost money yesterday. their life savings took a hit because a small group of radical republicans who don't represent mainstream america have refused to move even one inch towards compromise. yesterday'default will lock our financiarock -- will rock our fl system to its core. many republicans urge time is running out. they've urged their colleagues...
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Jul 18, 2011
07/11
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that's not to say that we don't cover a big portion of it right now. of the 1,000 new border patrol agents that are coming into service this year, the vast majority of them are going into arizona. but it's also critical to note that there are other activities occurring. our partnerships with mexico, for example, working joint operations with our mexican partners with them operating in mexico and us over on the u.s. side. over 60 of the states' law enforcement agencies are our partners with us in actt, which is an operation that incorporates other law enforcement agencies to ensure we bring the greatest density of enforcement coverage in arizona. the national guard -- right now we have 363 national guard troops on the ground. we have more sensors coming, so it's a constant buildup of what we are doing in arizona. as i said earlier, when we bring arizona under control, not if, we will do so as quickly as we can. now, something that i think is critical here is the following. this year, because of the drop in activity levels that we have seen, we figure th
that's not to say that we don't cover a big portion of it right now. of the 1,000 new border patrol agents that are coming into service this year, the vast majority of them are going into arizona. but it's also critical to note that there are other activities occurring. our partnerships with mexico, for example, working joint operations with our mexican partners with them operating in mexico and us over on the u.s. side. over 60 of the states' law enforcement agencies are our partners with us...
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Jul 26, 2011
07/11
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we can't get the big things going. the overarching issues and serving the discrimination issues are one of the things we deal with. if it's okay with you, i would like to take this opportunity to ask my colleague, leonard boswell, to take my seat. i would like to get out of town before the faa shuts down. [laughter] so thank you very, very much for the opportunity. [applause] >> not often you have the luxury of having a reserve congressman. [inaudible] >> congressman connolly haven't heard from you so if you'd like to her housemates be i know time is short. i just want to salute all of you for having this and the thought process. we are certainly in a crisis, and you all know that. and history is going to be written. what's it going to say? i was somewhat relieved, even as for mr. summers to leave town. i wonder what would have to do to get mr. geithner to leave. i'm glad to see them go back and do what he does well. he's a good professor. i would like to see the other gentleman go do what he does well. we are in a cri
we can't get the big things going. the overarching issues and serving the discrimination issues are one of the things we deal with. if it's okay with you, i would like to take this opportunity to ask my colleague, leonard boswell, to take my seat. i would like to get out of town before the faa shuts down. [laughter] so thank you very, very much for the opportunity. [applause] >> not often you have the luxury of having a reserve congressman. [inaudible] >> congressman connolly...
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Jul 19, 2011
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we could close all sorts of tax loopholes on corporate jets to big oil companies. that's a variety of ways that we could recapture the revenue that was essentially given away during the bush years, so there are ways to reduce the deficit. there absolutely are. i think that we will do that. we'll do it over time. my concern though is attaching two issues that should not be connecting as a way of pushing through areas of public policy that you can't get through under ordinary circumstances. >> host: a recent caller mentioned the penny solution, and we have that -- it's ruth cook who was on awhile ago. it's the one cent solution, onecentsolution.org. his proposal has been turned into legislation sponsored by republicans. >> guest: oh, good, i'd be interested to look at the website and the legislation. >> host: go to the c-span archives if you want to find out more about that. georgia caller, pete, where are you calling from? >> caller: hi, wasees, georgia. >> host: good morning. >> caller: you won't like what i have to say. >> guest: that's quite all right. fire away.
we could close all sorts of tax loopholes on corporate jets to big oil companies. that's a variety of ways that we could recapture the revenue that was essentially given away during the bush years, so there are ways to reduce the deficit. there absolutely are. i think that we will do that. we'll do it over time. my concern though is attaching two issues that should not be connecting as a way of pushing through areas of public policy that you can't get through under ordinary circumstances....
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Jul 19, 2011
07/11
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the president talked about big things but i think the american public expects more than a big speech. the congressional budget office says they cannot score a speech there is no plan by the president. we are two weeks out. there is no budget by the senate. the american public expects us to get back to work. expects us to get a job done. today you'll see a bill on the floor that is straightforward. no more budget tricks, no more accounting gimmicks, no more lies to the american people. with me curb it and cut it and balance it for the future. the democrats sit back and say somehow they're opposed to a balanced budget. 16 years ago if they had that one more vote we wouldn't be here today. i want you to all imagine for one moment -- imagined that vote passed, what would our press conference be about today? would westbound investing in something. would westbound worried about unemployment? would westbound wondering about how big america is growing? well, now is the opportunity. we welcome democrats to join dawes but if they don't we'll pass it on our own. that is the contrast. that is the
the president talked about big things but i think the american public expects more than a big speech. the congressional budget office says they cannot score a speech there is no plan by the president. we are two weeks out. there is no budget by the senate. the american public expects us to get back to work. expects us to get a job done. today you'll see a bill on the floor that is straightforward. no more budget tricks, no more accounting gimmicks, no more lies to the american people. with me...
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Jul 21, 2011
07/11
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government has gotten too big it, has grown too fast. it is spinning out of control, i think, in the minds *f most americans, and they want to see us rein it in and get government spending and debt under control. i read yesterday on the floor, but i want to read it again. ironically a letter i got from a boy scout are in south dakota who was earning his merit badge. he wrote me a letter and he said -- quote -- "i feel the federal government needs a balanced budget. if we don't, the debt gets larger each year. i feel there are two solutions for this. in our house, we are careful to only spend what my mom and dad earn. that needs come first and what is left is for wants. many times we were told no when we asked for s-fplgt with my allowance and lawn mowing money i donate it between saving and spending. i can't spend more than i make. end quote. i think there are a couple of very powerful observations in that statement, mr. president. the first is obviously that it's not lost on even this young american how important it is that you live wit
government has gotten too big it, has grown too fast. it is spinning out of control, i think, in the minds *f most americans, and they want to see us rein it in and get government spending and debt under control. i read yesterday on the floor, but i want to read it again. ironically a letter i got from a boy scout are in south dakota who was earning his merit badge. he wrote me a letter and he said -- quote -- "i feel the federal government needs a balanced budget. if we don't, the debt...
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Jul 20, 2011
07/11
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i hope our big vote here in the? senate and get this country bace on a more sound fiscal footinger and on a path where we canesid onate jobs and get the economy growing. budget a mr. president, i yield thece on floor. august 2. >> mr. president, we're going to move to a debate on the budget deficit. the the proposal before it was propa enacted by the house yesterday in a virtually partisan rollcall with maybe one or two i exceptions. the republicans passed a proposal which they haveloor of characterized as typed, cabin to balance. and they will bring it to the target floor of the senate forhe consideration.ba budge the price project spending is ig targets in cuts in spending forh the years to come and also to include in the conversation the balanced budget amendment. now, it is interesting the way they approach it because the i balanced budget amendment is literally an amendment to the constitution of the united the states than those of us who take birth seriously a nice enough every member of congress in ther senate
i hope our big vote here in the? senate and get this country bace on a more sound fiscal footinger and on a path where we canesid onate jobs and get the economy growing. budget a mr. president, i yield thece on floor. august 2. >> mr. president, we're going to move to a debate on the budget deficit. the the proposal before it was propa enacted by the house yesterday in a virtually partisan rollcall with maybe one or two i exceptions. the republicans passed a proposal which they haveloor...
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Jul 27, 2011
07/11
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minority contractors are going to have a big impact. then it takes us to the government will definitely slow down or not pay at all contractors, whether it's the big defense guys that employ thousands and thousands of people or is it not going to pay the small to medium-size business like in my own state that does information technology? now, we are about to destroy the reputation and solvency of the united states of america. we are about to destroy the reputation and solvency of the united states of america not only for one day, but for a decade and maybe the rest of the century. and this is not being done by an outside power. we're spending $700 billion on defense, and we're destroying ourselves by a self-inflicted wound because of political dysfunction, political rigidity and political ideology. what the heck is this? and i could even use more intense language. what we are about to do -- we cannot allow this to happen. so i say to my colleagues, look, one of my colleagues said to me yesterday, senator mikulski, what would it take to
minority contractors are going to have a big impact. then it takes us to the government will definitely slow down or not pay at all contractors, whether it's the big defense guys that employ thousands and thousands of people or is it not going to pay the small to medium-size business like in my own state that does information technology? now, we are about to destroy the reputation and solvency of the united states of america. we are about to destroy the reputation and solvency of the united...
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Jul 12, 2011
07/11
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that would be a big mistake. that's why republicans are united in saying increasing taxes at any time, particularly in a weak economy, is the wrong prescription. getting our debt and deficit and spending under control, a balanced budget amendment, that's the solution. it can actually be enacted very quickly. we don't have to face a crisis that president obama and treasury secretary are trying to whip up here. mr. sessions: madam president, i would just say that i do believe we are at a national crisis with our debt. i believe that it endangers the nation because the erskine bowles who chaired the debt commission, appointed by president obama, has told us that we are facing an economic crisis as a result of the debt and written testimony to the budget committee, and he warned that we have to change the course we're on. i certainly believe that's true and i believe the rogoff and reinhart study affirmed by secretary geithner is correct, that it's already pulling down our growth. i'm really worried about the future
that would be a big mistake. that's why republicans are united in saying increasing taxes at any time, particularly in a weak economy, is the wrong prescription. getting our debt and deficit and spending under control, a balanced budget amendment, that's the solution. it can actually be enacted very quickly. we don't have to face a crisis that president obama and treasury secretary are trying to whip up here. mr. sessions: madam president, i would just say that i do believe we are at a national...
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Jul 19, 2011
07/11
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within three years we had repealed that big luxury tax. we weren't hitting millionaires and billionaires. we were hitting the people who actually made the yachts. priet after 9/11, congress pass -- right after 9/11, congress passed an accelerated depreciation provision for the commercial aviation -- or the general aviation industry. the idea there was to make sure that 9/11 didn't hit that industry too hard and jobs would be saved. in the president's stimulus bill, that accelerated depreciation provision for commercial jets -- or business jets, rather, was reauthorized. that's the thing we're talking about here when we talk about business jets. the president has said business jets shouldn't receive that kind of tax treatment. well, the people who he said would be benefited by the stimulus package with jobs created or jobs saved are the people who will lose their jobs if that particular tax treatment is taken away. now, maybe we should look at that. i'm not against looking at that tax treatment. if we should look at it and decide it's not a
within three years we had repealed that big luxury tax. we weren't hitting millionaires and billionaires. we were hitting the people who actually made the yachts. priet after 9/11, congress pass -- right after 9/11, congress passed an accelerated depreciation provision for the commercial aviation -- or the general aviation industry. the idea there was to make sure that 9/11 didn't hit that industry too hard and jobs would be saved. in the president's stimulus bill, that accelerated depreciation...
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Jul 6, 2011
07/11
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it's a big sum of money. so we spend it in our expenditure levels, defense department, all the way through the agriculture department, everything in between, and we forgive or don't collect the same amount in the tax code. so who benefits from that? well, let's look at the basics. 70% of american taxpayers do not itemize on their tax returns. they file the standard return. they don't itemize. so the tax code doesn't mean anything to them. if there is a special deduction, unless it was a refundable tax credit -- rare category -- it doesn't help them. 70% of americans don't touch it. what are the biggest deductions under the u.s. tax code today? i in all my wisdom and education and experience on capitol hill, i raised my hand to the teacher and said well, it's the mortgage interest deduction, right? wrong. the biggest single deduction is the employers exclusion for health care premiums. so employers are able to exclude from income the amount of money they spend for health insurance for their employees. that's t
it's a big sum of money. so we spend it in our expenditure levels, defense department, all the way through the agriculture department, everything in between, and we forgive or don't collect the same amount in the tax code. so who benefits from that? well, let's look at the basics. 70% of american taxpayers do not itemize on their tax returns. they file the standard return. they don't itemize. so the tax code doesn't mean anything to them. if there is a special deduction, unless it was a...
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Jul 29, 2011
07/11
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and compromises have already occurred, big compromises. most of us on this side of the aisle really believe that the way we get at our long-term debt structure is a responsible approach that includes some revenues. now, i'm advocating cleaning out the goodies in the tax code so we can lower some tax rates. i don't understand how you can at the same time vote to gut the medicare program and vote to continue writing checks to big oil. i cannot imagine that i would vote to keep writing a taxpayer check to the most wealthy and profitable corporations in the history of the world at the same time i was voting to put medicare on a voucher program. saying to seniors, you know, if you're 83 and you got three chronic illnesses and you run out of medicare coverage, you're on your own. i can't imagine doing that. but we compromised. we compromised and said, okay, we'll set revenues aside for now. you won't vote for revenues, republican party, members of the house in the republican party you'll not vote for revenues, we tack revenues off the table. so
and compromises have already occurred, big compromises. most of us on this side of the aisle really believe that the way we get at our long-term debt structure is a responsible approach that includes some revenues. now, i'm advocating cleaning out the goodies in the tax code so we can lower some tax rates. i don't understand how you can at the same time vote to gut the medicare program and vote to continue writing checks to big oil. i cannot imagine that i would vote to keep writing a taxpayer...
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Jul 13, 2011
07/11
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this notion that we didn't deal with too big to fail. there are a couple of areas where i see the colleagues in climate change and health care don't want to take it on because it's still too popular. coming to the defense of derivative trading is not a particular cause. they are coming at it sideways. one is to try to use the deficit as an excuse for under funding the scc and cftc. they are being denied the funds that it needs that is a small percentage for wasting infrastructure in afghanistan. the notion that the cftc that the 80 or $90 billion more that we need can't be done because of the deficit that people spent in $147 billion so we can keep subsidizing american farmers is nonsense. similarly with the fcc they want to turn in. they will bring in more money to the system than it will be given to run it. that's one effect. in fact, what you have running here is a catch 22. first, deny the fcc and cftc adequate funding. they in turn are not able to deal with the rulemaking requirements that they have. then because we haven't been abl
this notion that we didn't deal with too big to fail. there are a couple of areas where i see the colleagues in climate change and health care don't want to take it on because it's still too popular. coming to the defense of derivative trading is not a particular cause. they are coming at it sideways. one is to try to use the deficit as an excuse for under funding the scc and cftc. they are being denied the funds that it needs that is a small percentage for wasting infrastructure in...
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Jul 27, 2011
07/11
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it reminds me of "too big to tpaeug" the movie -- too big to fail, the movie. they got all the money and then didn't spend a dime on it with helping with mortgages. the damage we're doing to our aviation system is incredibly real. and if we fail to act in a timely manner, it may be so devastating as to become irreversible. when you think about it, it does make sense. if you operate on somebody and cut beyond a certain point, you can't reverse the damage. with so much pain being inflicted on so many, you may ask why my republican colleagues have refused reputed requests to pass a clean extension, something we have done 20 times in the past four years. they are willing evidently to hurt so many of the benefit -- so many people for the benefit of one company. it's called delta airlines. the chairman of the house transportation committee has stated publicly the house-inserted language on the essential air service program, we need that to leverage the senate on including provisions on relating to the national mediation board. now, what do i mean by that? what they s
it reminds me of "too big to tpaeug" the movie -- too big to fail, the movie. they got all the money and then didn't spend a dime on it with helping with mortgages. the damage we're doing to our aviation system is incredibly real. and if we fail to act in a timely manner, it may be so devastating as to become irreversible. when you think about it, it does make sense. if you operate on somebody and cut beyond a certain point, you can't reverse the damage. with so much pain being...
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Jul 21, 2011
07/11
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those are the big ones. that was the sum and stance of s the sum and stains of what they came up for. what are entitlement programs? things that we're entitled to by virginia tie of our age, if we are 65 years of age, we paid into social security, medicare, we may be eligible -- will be eligible in all likelihood for medicare f we're disabled, totally disabled to work, we'll be eligible for medicare, even before age 65. if we paid into social security for a number of years, we'll be eligible foyer early retirement for sact age 62. we can take it at 67 for full retirement benefits, which i think are roughly about $2,000 per month max, something like that. but anyway, those are some things -- medicare, medicaid, social security are entitlement programs. they said they should all be on the table. they did not propose using social security to balance the budget but what they did say is say we've got a long-term problem in social security with the imbalance between now the amount of money that is coming into soci
those are the big ones. that was the sum and stance of s the sum and stains of what they came up for. what are entitlement programs? things that we're entitled to by virginia tie of our age, if we are 65 years of age, we paid into social security, medicare, we may be eligible -- will be eligible in all likelihood for medicare f we're disabled, totally disabled to work, we'll be eligible for medicare, even before age 65. if we paid into social security for a number of years, we'll be eligible...
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Jul 5, 2011
07/11
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so let's start soda with the big picture. here we are several years out of the financial crisis and you talk about some of the liquid fx. mr. bernanke talked about the risk this week, some of the problems that particularly persistent, seem to be continuing and may raise the risk that the slow down that we seem to be experiencing at the moment process. what anxiety level do you think is appropriate for the public and our policymakers right now as we look out to the risk that we see that seem to be percolating over the horizon on any number of different fronts? >> well, i think these are risks but they are subject to our control and influence. if we take some action and make some decisions. i think with the housing market we still have a low level from. these loans need to be restructured whether it makes economic sense for the distressed borrower can make an economically viable payment or if not, there needs to be relocation assistance or some other mechanism to clear the market. .. the industry, this is another promise aligne
so let's start soda with the big picture. here we are several years out of the financial crisis and you talk about some of the liquid fx. mr. bernanke talked about the risk this week, some of the problems that particularly persistent, seem to be continuing and may raise the risk that the slow down that we seem to be experiencing at the moment process. what anxiety level do you think is appropriate for the public and our policymakers right now as we look out to the risk that we see that seem to...
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Jul 7, 2011
07/11
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i hope they think big. i hope they swing for the fences and get a result and bring it back to us and let us consider it and hopefully -- hopefully enact it and get on to other things. we -- the debt is a major long-term problem, not just for our grandchildren but for us today. we have a bigger issue facing us, and that is the fact that we have had persistent unemployment in an economy that's not growing, and that's hurting too many people. so the sooner we swing for the fences and get a result and get our debt under control and deal with it in a bipartisan way, the better for the country and the quicker we will be able to get on to the larger question of jobs. of course, economists have made it clear to us that getting the debt under control has a lot to do with jobs, that when our total debt is as high as it is today, nearly 100% of our gross domestic product, that that probably costs us a million jobs a year. we can't solve all that in one day or one month, but we can take a big step in the right directio
i hope they think big. i hope they swing for the fences and get a result and bring it back to us and let us consider it and hopefully -- hopefully enact it and get on to other things. we -- the debt is a major long-term problem, not just for our grandchildren but for us today. we have a bigger issue facing us, and that is the fact that we have had persistent unemployment in an economy that's not growing, and that's hurting too many people. so the sooner we swing for the fences and get a result...
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Jul 15, 2011
07/11
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we call ited big shift. if you look at the last 100 years, during the 20th century, basically changes happen in terms of you might call the s-curve. long periods of stable, brief moments of disturbance when big changes happen, then 30-40-50-60 years of stability in which we reinvent work practices, social practices, educational practices. we knew how to play that game pretty well. what's happened now is in the last probably ten years we're moving to a different kind of infrastructure that has driven by the laws, the digital laws of computation, accelerating as we speak. now what we really find is we're having a world in which we have constant disruption nearly every year. and the challenge is how do you actually start to leverage that rather than fear that? in terms of driving innovation. i see this as not doing to slow down as all in the next 30 or 40 years. if it the law slows down. let me say this personally. the curve on the right i could actually recoo pick late the last ten years of my life and say the
we call ited big shift. if you look at the last 100 years, during the 20th century, basically changes happen in terms of you might call the s-curve. long periods of stable, brief moments of disturbance when big changes happen, then 30-40-50-60 years of stability in which we reinvent work practices, social practices, educational practices. we knew how to play that game pretty well. what's happened now is in the last probably ten years we're moving to a different kind of infrastructure that has...
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Jul 25, 2011
07/11
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i am paying taxes big time on my life. the thing is, i am so upset with the ignorance, with the calls that come in. it is devastating to say the rich are helping the poor to get jobs is absolutely ludicrous. i am so upset because there is a goal to tear down the little guy. of course the goal is to destroy obama, which is unspeakable. the middle class and the poor are suffering. all because of money. money, money. that is what is so upsetting to me. guest: there is absolutely no question there is a growing gap between the haves and have-nots in the world and the u.s. as well. it is not just an issue of wealth. it is also an issue of education. important, the comprehensive tax reform that is outlined in the comeback america restoring fiscal sanity report under both from march would end up resulting with everybody and that making more than a stated percentage will pay something. those who end up having more and make more will pay more. we will have an even more progressive tax system. but the way we do it is through comprehe
i am paying taxes big time on my life. the thing is, i am so upset with the ignorance, with the calls that come in. it is devastating to say the rich are helping the poor to get jobs is absolutely ludicrous. i am so upset because there is a goal to tear down the little guy. of course the goal is to destroy obama, which is unspeakable. the middle class and the poor are suffering. all because of money. money, money. that is what is so upsetting to me. guest: there is absolutely no question there...
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Jul 22, 2011
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president, how big is this scheme? well, here's what our own permanent subcommittee on investigations has told us: "experts have estimated that the total loss to the treasury from offshore tax evasion alone approaches $100 billion per year, including $40 billion to $70 billion from individuals and another $30 billion from corporations engaging in offshore tax evasion. abusive tax shelters add tens of billions of dollars more." mr. president, you want to lock in these abuses? you prefer to pay more in taxes yourself so that people can engage in these scams? vote for this amendment. vote for the legislation that's before us. vote for what is on the floor because you'll protect them forever more. mr. president, i end as i began. this is perhaps the most ill-conceived, ill-considered, internally inconsistent legislation that i have ever seen in my 25 years in the united states senate. i hope my colleagues have the wisdom to vote "no." i thank the chair and yield the floor. the presiding officer: the senator indiana. mr. co
president, how big is this scheme? well, here's what our own permanent subcommittee on investigations has told us: "experts have estimated that the total loss to the treasury from offshore tax evasion alone approaches $100 billion per year, including $40 billion to $70 billion from individuals and another $30 billion from corporations engaging in offshore tax evasion. abusive tax shelters add tens of billions of dollars more." mr. president, you want to lock in these abuses? you...
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Jul 8, 2011
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and the money made a big difference. one or two euros funds for for the children's medicine part, but i give you this only as an example. we apply the same theory to try to lower the cost of new technologies when we got into climate change business and we were helping 40 cities around the world to try to reduce their greenhouse gas emissions. by not only retrofitting buildings, but changing the street lights and wherever possible in megacities and developing worlds, closing landfills which were huge emitters of methane gas. and which really are goldmines if you think about it. all those urban landfills you have recyclable glass and plastic and metal and all the rest the organic material can be turned into fertilizer and the rest can be turned into electricity. so, we are trying to do the same thing. we have doubled, tripled and sometimes even quadrupled income of african farmers in rwanda by lowering the cost of fertilizer and seed and working on a distribution network and saving them half their income by taking their pr
and the money made a big difference. one or two euros funds for for the children's medicine part, but i give you this only as an example. we apply the same theory to try to lower the cost of new technologies when we got into climate change business and we were helping 40 cities around the world to try to reduce their greenhouse gas emissions. by not only retrofitting buildings, but changing the street lights and wherever possible in megacities and developing worlds, closing landfills which were...
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Jul 7, 2011
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but we can take a big step in the right direction. that's really what our country men and women want us to do. i'm glad that i got to hear part of the senators speech. i'm glad i have a chance to commend him for this leadership on the vexing and important problem that we need to deal with. >> i thank the senator. i yield the floor. >> u.s. senate today voted to continue moving forward with a nonbinding measure saying those earning more than $1 million should contribute more to federal debt reduction. they passed the motion to limit the debate, 74-22. after the vote, senate democratic leader harry reid announced no more votes in the senate. arizona republican said the senate gave up a week long 4th of july recess to work on debt ceiling and isn't accomplishing anything. we begin with kay hutchinson who opposes any tax relief. >> senate hutchinson, i was wondering the view that we've been terribly over worked this week. i understand that we canceled our 4th of july recess in order to get back here and get to work and do the people's bus
but we can take a big step in the right direction. that's really what our country men and women want us to do. i'm glad that i got to hear part of the senators speech. i'm glad i have a chance to commend him for this leadership on the vexing and important problem that we need to deal with. >> i thank the senator. i yield the floor. >> u.s. senate today voted to continue moving forward with a nonbinding measure saying those earning more than $1 million should contribute more to...
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Jul 18, 2011
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until then, a big tank is for studio audience in a big tank is to former massachusetts governor, mitt romney. [applause] fcc commissioner robert mcdowell on the fcc's actions this week to begin cracking down on unauthorized service charges on consumers phone bills. that and other issues in front of the sec on "the communicators" on c-span2. >> have you ever visited the library of congress? over 2 million people have a now this is your chance to tour the world's largest library. tonight joined c-span for a look inside the library of congress. we will take you into the great hall and explore the main reading rooms. you will find unique books and the rare books and special collections including original books from thomas jefferson's personal collection and we'll see how the libraries using modern technology to discover hidden secrets and to preserve its holdings for future generations. join us for the library of congress tonight at 8:00 p.m. eastern and pacific on c-span. >> the senate has completed its business for the day and will gavel and tomorrow at 10:00 a.m.. earlier on the floor
until then, a big tank is for studio audience in a big tank is to former massachusetts governor, mitt romney. [applause] fcc commissioner robert mcdowell on the fcc's actions this week to begin cracking down on unauthorized service charges on consumers phone bills. that and other issues in front of the sec on "the communicators" on c-span2. >> have you ever visited the library of congress? over 2 million people have a now this is your chance to tour the world's largest library....
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Jul 25, 2011
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i'm paying taxes big time all my life. now the thing is, i am so upset with the ignorance with the calls that come in and it's devastating to say that the rich are helping the poor to get jobs is absolutely ludicrous. i am so upset because there's a goal to tear down the little guy, of course, and then, of course, the goal is to destroy obama which is unspeakable. the middle class and the poor are suffering. and all because of money, money, money. that's what's so upsetting to me. >> guest: well, there's absolutely no question that there's a growing gap between the have's and have not's in the world and in the united states as well. and it's not just an issue of wealth, although that's clearly one of the issues. it's also an issue of education, which is going to have profound impacts on us in the future. importantly, the comprehensive tax reform that's outlined in the comeback america restoring fiscal insanity report under both frame works anyone who makes something above the poverty level will pay something. those who end
i'm paying taxes big time all my life. now the thing is, i am so upset with the ignorance with the calls that come in and it's devastating to say that the rich are helping the poor to get jobs is absolutely ludicrous. i am so upset because there's a goal to tear down the little guy, of course, and then, of course, the goal is to destroy obama which is unspeakable. the middle class and the poor are suffering. and all because of money, money, money. that's what's so upsetting to me. >>...
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Jul 15, 2011
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so that's the big corporate structure and there's always the middle people, but they eventually everything is money on on account, on a report and companies are responsible for what they do. why do they do this? >> well, mr. chairman, mr. graham next response will be enlightening. we wouldn't disagree with the perspective of what we've seen from consumers. there's an obvious financial opportunity for the carriers because they are receiving a portion of those charges that ultimately end up on dean consumer's phone bills. >> not that much. >> not that much, but this has been going on over 15 years. over that period of time, it adds up to some money. what we need to look at is the fact that landline service is a declining surveys and many people are now relying solely on their wireless carriers to provide them with their phone service. and though, and maybe the dad here is one of our last opportunities to bring some money. i don't think that's the proper way to look at it from a business to, but that's really all that we can come up with in terms of why they allow this to go on because consum
so that's the big corporate structure and there's always the middle people, but they eventually everything is money on on account, on a report and companies are responsible for what they do. why do they do this? >> well, mr. chairman, mr. graham next response will be enlightening. we wouldn't disagree with the perspective of what we've seen from consumers. there's an obvious financial opportunity for the carriers because they are receiving a portion of those charges that ultimately end up...
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Jul 14, 2011
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i believe our constitutional responsibility is not being fulfilled if we end up with some big-deal big on august 1, and we're told it's got to be passed by august 2, and you can find out what's in it after we pass it. i'm not there. count me out. senator toomey, we had more people wanting to get on the budget committee this year. they were so excited. it was the most wanted committee to be on in the entire senate, and we've not done anything. you were selected to be on the committee, which is a tribute to your experience. i guess i would ask you, how do you feel about where we are? mr. toomey: senator sessions, first of all, thank you for raising this issue because i do think this is a very, very important issue. many of us wanted to be on the budget committee because we see what a critical moment our country is in. we see the very dire straits that we have put ourselves in because of the fiscal irresponsibility of washington. and some of us believe that we don't have a lot of time to get this in order. and so i was looking forward to the opportunity to serve on the committee that woul
i believe our constitutional responsibility is not being fulfilled if we end up with some big-deal big on august 1, and we're told it's got to be passed by august 2, and you can find out what's in it after we pass it. i'm not there. count me out. senator toomey, we had more people wanting to get on the budget committee this year. they were so excited. it was the most wanted committee to be on in the entire senate, and we've not done anything. you were selected to be on the committee, which is a...
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Jul 7, 2011
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of course they'd be in big trouble. and the senate is not in trouble but the country is in trouble because the senate is not doing its job and neither the house nor the senate did its job in the last congress for the first time ever and that's how we go into three years since we had a work document that we should have to work with. and what do we do this week? the disappointment to all three of us is we said we wanted to stay this week and deal with these issues. we started out trying to deal with the libya resolution which apparently wasn't important enough to deal with last thursday when we were going to take a week to work in our states. and then when people on the republican side said we really think we ought to be debating the reason we were supposed to stay, we still don't do that. we have this amendment -- i think it was supposed to be and is a sense of the senate that millionaires aren't paying enough taxes. now, we all understand -- we all understand the politics of that, just like we understand the politics of
of course they'd be in big trouble. and the senate is not in trouble but the country is in trouble because the senate is not doing its job and neither the house nor the senate did its job in the last congress for the first time ever and that's how we go into three years since we had a work document that we should have to work with. and what do we do this week? the disappointment to all three of us is we said we wanted to stay this week and deal with these issues. we started out trying to deal...
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Jul 8, 2011
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so that was a big, that was a big loss. my own personal loss, i was very involved in space transportation policy making at the time, and we were passionate about the x33 program, single stage to orbit. and i learned a very important lesson which is policy never trumps physics. [laughter] so you can say whatever you want, but if you can't do it, it won't happen. and we wanted to will single stage to orbit, into existence. and we had a beautiful, lockheed came up with a beautiful concept, and it looked like the future. and we just didn't have the technology. we did not have the technology. and, ultimately, we did not have the will either. i think that i wouldn't say that national security space was a loss under our, under the administration. i think a lot of great programs were developed that we can't, i can't really take credit for any of that is what i'm saying. there were a lot of good people working, and we weren't really deeply involved in that. so i think with that i'll wrap it up. but, again, i think this is a fascinat
so that was a big, that was a big loss. my own personal loss, i was very involved in space transportation policy making at the time, and we were passionate about the x33 program, single stage to orbit. and i learned a very important lesson which is policy never trumps physics. [laughter] so you can say whatever you want, but if you can't do it, it won't happen. and we wanted to will single stage to orbit, into existence. and we had a beautiful, lockheed came up with a beautiful concept, and it...
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Jul 28, 2011
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but he was bold and he was willing to take big, big leaps. i guess back to his early days as a broad jumper he was willing to take big, big leaps. as a staff perpendicular, he was extraordinary to work for. i've told the story of opening day. a few of us were in on that news but it had to be very closely held because you'd have created a run on all those banks if word had leaked. so even many of his staff people had no idea this was going on until he announced it. so that was kind of a shocker, and made -- it made for an interesting time to be a staff person. now, on another occasion he had a couple of raccoons bothering his -- on his property and they were bothering some -- a den of baby foxes and he didn't want the baby foxes to be killed by the raccoons so he took out a shotgun, went down to the end of his property and shot the two raccoons and then climbed this the car with his state trooper and headed off to work and of course described this exciting episode of his morning and the trooper said to him, governor, don't you realize that it'
but he was bold and he was willing to take big, big leaps. i guess back to his early days as a broad jumper he was willing to take big, big leaps. as a staff perpendicular, he was extraordinary to work for. i've told the story of opening day. a few of us were in on that news but it had to be very closely held because you'd have created a run on all those banks if word had leaked. so even many of his staff people had no idea this was going on until he announced it. so that was kind of a shocker,...
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Jul 26, 2011
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that is a big step in the right direction and we have put caps in place. i don't have the number of my fingertips. all we know is it is going to be less than it was last year. >> some members said last night more spending than -- is that correct? >> i'd much rather have the house republican budget, but remember, this bill was a product of a bipartisan discussion and a bipartisan negotiation. that's why it's not exactly everything that we want it to be. >> [inaudible] >> listen, this was negotiated in a bipartisan process between both houses and i think we are going to have work to do to get it passed, but i think we can do it. >> [inaudible] even if the plan doesn't reach [inaudible] >> i do believe this plan is enough. remember in the second stage in the tried select committee history of it required to find the cuts of at least $1.8 trillion. they can do far more, but i do think that it's time for the congress to do its work and the first step in this process is to make sure we pass this in the house and i would ask all of my colleagues but democrats and
that is a big step in the right direction and we have put caps in place. i don't have the number of my fingertips. all we know is it is going to be less than it was last year. >> some members said last night more spending than -- is that correct? >> i'd much rather have the house republican budget, but remember, this bill was a product of a bipartisan discussion and a bipartisan negotiation. that's why it's not exactly everything that we want it to be. >> [inaudible] >>...
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Jul 29, 2011
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it's a big step in the right direction for our country. thank you, mr. president. and i note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: recognizes the gentlewoman from iowa. mr. grassley: i ask unanimous consent that the call of the quorum be suspended. the presiding officer: without objection, so ordered. mr. grassley: mr. president, i would ask to speak for 20 thnutes.
it's a big step in the right direction for our country. thank you, mr. president. and i note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: recognizes the gentlewoman from iowa. mr. grassley: i ask unanimous consent that the call of the quorum be suspended. the presiding officer: without objection, so ordered. mr. grassley: mr. president, i would ask to speak for 20 thnutes.